RDP 2015-11: Unprecedented Changes in the Terms of Trade: Online Appendix
Equation (129)
0
=
y
H
,
t
−
c
H
,
t
−
c
H
,
t
*
−
i
H
,
t
−
ψ
H
2
(
π
H
,
t
π
¯
H
−
1
)
2
y
H
,
t
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